Tag: Report

Best Bitcoin And Ethereum Strategy In 2022? This Report Answers

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Bitcoin and Ethereum remain stuck in a range with no clear direction during today’s trading session. The crypto market’s uncertainty has been smashing on long and short positions, but one sector is blooming under current conditions.  At the time of writing, Bitcoin trades at $19,360 with sideways movement across the board. Ethereum is displaying similar price action in this choppy environment, with most cryptocurrencies in the top 10 at a loss or lateral movement. BTC’s price moving sideways on the daily chart. Source: BTCUSDT Tradingview 2022 Crushes Bitcoin And Global…

South Korean Regulator Plans to Look at Stablecoins’ Role in Money Laundering: Report

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Philips Releases Tepid Q3 2022 Report Ahead of Planned 4,000 Job Cuts

Philips posted its Q3 2022 report as the company grapples with the fallout from a medical equipment recall. Royal Philips NV reported on Monday, October 24th, its Q3 2022 earnings which surpassed analysts’ forecasts for the period. However, the Dutch multinational conglomerate corporation’s revenue fell short of expectations. During the third quarter, Philips saw earnings per share of 0.25 euros on revenue of 4.30 billion euros. Meanwhile, analysts polled by Investing.com had it at 0.24 euros in earnings per share on revenue of 4.54 billion euros. For its Q3 2022 outing,…

Report – Economics Bitcoin News

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India has emerged as a leading global player in the Web3 market, a new report by Nasscom states. Web3 investments in the country grew 37 times from the start of 2020 to Q1 2022 and $1.1 trillion in Web3 economic value is projected to be added to India’s GDP by 2032. India Emerges a Leading Global Player in Web3 Market Nasscom published a report titled “The India Web3 Startup Landscape: An Emerging Technology Leadership Frontier” Wednesday. Established in 1988, Nasscom is a non-profit industry association for the technology sector in…

Cryptoqueen Ruja Ignatova Tipped Off About Onecoin Investigations Before She Vanished, Report – Bitcoin News

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Ruja Ignatova, founder of the notorious crypto pyramid Onecoin, was reportedly alerted about police investigations into the scam before she disappeared. The ‘Cryptoqueen’ has been on the run for several years, wanted by law enforcement agencies around the world. Onecoin Mastermind Learned About Arrest Efforts From Leaked Police Documents, Podcast Reveals A media report has shed light on how Onecoin’s founder Ruja Ignatova may have been warned about the plans to detain her months before she disappeared almost five years ago. That’s according to files seen by the BBC, which…

US regulator touts to ‘aggressively police’ crypto in new report

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The U.S. commodities regulator certainly doesn’t want to look like it’s going easy on crypto, revealing it was behind 18 separate enforcement actions targeting digital assets in the 2022 fiscal year.  In an Oct. 20 report from the Commodity Futures Trading Commission (CFTC), a total of 82 enforcement actions were filed in 2022’s fiscal year, imposing $2.5 billion in “restitution, disgorgement and civil monetary penalties either through settlement or litigation.” The CFTC said that 20% of the enforcements were aimed at digital asset businesses, with chairman Rostin Behnam stating: “This…

MicroStrategy’s Financial Health At Risk After Enormous $3.4 Billion Bitcoin Bet: Fortune Report

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Since MicroStrategy’s pivot to Bitcoin, the company has managed to accumulate 130,000 Bitcoins, worth just over $3.406 Billion at current rates. MicroStrategy’s Bitcoin acquisition was financed through multiple debts and bond offerings. Bitcoin’s dip to $18,300 on 13 October may have temporarily jeopardized the company’s financial health. MicroStrategy’s first debt repayment is due in 17 months, where Saylor will be required to pay $855 Million. According to a Fortune report, the company’s core software business is generating very little cash flow, and its Bitcoin interest loan payments may negatively affect…